Biden Releases Tax Returns – And It Raises Questions

Joe Biden and his wife have just released three years of tax returns, which is standard practice for anyone running for office. It’s a way to prove that he has nothing to hide. Perhaps he doesn’t, but as people are looking at his extraordinary income since leaving the White House, it raises a number of questions.

Biden’s Income

Joe and Jill Biden earned close to $16 million since Biden left his role of Vice President three years ago. That’s a substantial amount of money considering that the annual median household income in the US is around $60,000. It’s only fair to question the sources of income.

He paid his taxes, which is what’s shown on the returns. It’s all classified as “ordinary income” which includes his income from holding down the Benjamin Franklin Presidential Practice Professor title at the University of Pennsylvania, speaking fees, as well as royalties from some of his books. This includes his best-selling book, “Promise Me, Dad” which is about the last year of Beau’s life, his son that died from brain cancer.

In 2016, Biden had an income of just under $400,000. His tax rate was 23.5 percent. He began paying a tax rate of over 33 percent when his million-plus income came rolling in for 2017 and 208.

Nothing Too Questionable

The income isn’t too out of the ordinary for a president or a powerful politician because money is needed to take on the campaign trail. Even with all of the fundraising that is done, it helps when they have some money in the bank. This works out to Biden’s favor. He was always a bit on the rich side, but most of his money was earned once he got outside of the White House, complete with book deals and the ability to charge a hefty fee in speaker fees.

It’s not uncommon for Biden to charge $200,000 in order to give a speech to a group. That’s a considerable fee – and one that, based on his income, plenty of groups were willing to pay.

This Raises Other Questions

Although the income itself doesn’t raise too many questions, it brings up plenty of others. He, clearly, wasn’t interested in sharing what he has to know with groups just because. The speaking gig is one of the highest around, so he could have easily lowered the rate if he had wanted to. After all, he was a VP, not the actual president himself

“Middle-Class Joe” is the name that he’s always referring to himself as. He says that he’s a regular guy, riding the Amtrak and enjoying the simple pleasures in life. It’s hard to see that, however. It comes down to seeing is believing. He’ll have a hard time convincing people that he’s a middle-class, average Joe when he has an income as high as he does.

It’s not like we hear about Joe Biden donating to a lot of causes, either. Where does all of the money go, because it has to go somewhere? He’s not likely taking the Amtrak across his campaign trail, either. He’s spending the money on his wife and they’re enjoying their best life. He even has a vacation home that’s worth an estimated $2.7 million.

His primary home is a $6 million mansion that is waterfront with enough parking for over 20 cars. For someone who says that he enjoys the simple things and that he’s not a sophisticated guy, what he spends his money on says otherwise.

It’s one thing if you want to be “Middle-Class Joe.” However, if you’re going to use that nickname, you have to own up to it. He’s not. He’s clearly not even close to being a Middle-Class Joe in actual bank account figures or in the way that he’s living his life. Maybe it’s a state of mind for him, but that’s not enough for average voters to connect with him.

It’s great that Biden released his tax returns for the country to see. It shows that he’s honest and that he’s been paying his taxes as a good American should be. Perhaps, though, he should have avoided sharing simply because it’s not what will help him win the vote. With the truth out, it’s likely that his numbers will continue to plummet.

He finds himself in the same boat as Sanders – a “regular guy” trying to connect with the American public. The problem is that there a few extra zeros in his bank account that is preventing people from truly connecting with his way of life.

67 thoughts on “Biden Releases Tax Returns – And It Raises Questions”

  1. Everyone knows Old Joe – he fools no one but himself. And who ever vote for a fool like him needs their head
    examined. Old Joe like Obama nothing more than a bare face liar. But that has become the Democrats way.
    LIE LIE AND LIE Somemore.

  2. Nothing burger!! he paid his taxes on his income.. Didn’t try to use art as a loophole,, (Deprecation).. SO!! WHATUP!!

  3. This old fart with one foot in the grave liberal commie Democrat Biden is just as corrupt as corrupt as corrupt communist bitch Clinton, and the one thing both of them have in common is the Ukraine.

  4. First off, we have had very few “middle class Joe’s” as our presidents; the last that might be considered in that class was probably Harry S. Truman……a Democrat. I cannot recall our ever having a Republican president who was even close to being “middle class”……..at least not since Abraham Lincoln. In my view your right leaning website has some set of balls criticizing Joe Biden’s tax returns when your beloved and invariably defended Donald Trump will not release his and likely never will. There can only be one reason for him not to of course, and that is because there is much in his tax returns he does not want us to see. Taking a wild guess I’d postulate that his over stating loses, hiding income, laundering of his ill gotten gains, his doing shady and questionable business with the unsavory and corrupt characters he considers his friends…….all great people of course. Republican never seem to have problem with having a crook in the White House and with Trump the current resident they clearly have sold out our entire population with incomes under 200K.

  5. Who cares—really!!! No candidate should have to defend tax returns that were honestly tendered and officially accepted by the IRS. I would like to know that they have been thoroughly audited and have passed muster. But beyond that their content is none of my or anyone else’s damned business.
    This is assuming that people who have been elected public officials during the years prior to running for office have had their finances thoroughly vetted such that the public can be assured that no income came their way illegally despite the fact that they have paid tax on it.

  6. Who the hell would pay $200,000 to hear this shit for brains asshole speak. Some dumb ass motherfucking people in the country.

  7. So is cReEEePy HaIr sNiFfInG joe “paying his fair share” as a 1%er?!?!?!?!?!?!

    Has he given at least 10% of his income to his church?!?!?!?!?!

    Has he given 10% to ANY charities TO HELP THE POOR?!?!?!

    RIGHT, he’s a leftist libTURD democRAT COMMIE!! He “thinks” that the gubbermint has to confiscate funds from the WORKING STIFF to help the poor!!!!!!!!!!!!!!!!!!

  8. The leftist, useful idiots that support these Godless, Satan worshiping, power-mad NWO-elitist ghouls passing themselves off as Democ-RATS are fools; they are slaves to their masters but have been so dumbed-down, drugged-up, PC bullied and brainwashed that they don’t know that they are aiding and abetting in their own demise, not very wise, the dumb-(m)asses!

  9. I want to be able to reach President Trump when I am being blocked , stalked and hacked. I can’t believe I get blocked sometimes from answering his surveys. I know that the deep state is still operating to stop Trumps re-election. I tried sending a message to the House Speaker (Pelosi) and got a message I have been banned. I have never contacted her before. That’s somewhat suspicious.
    I do have a request for the President—my dentist filled out grant paperwork and has not heard back.
    I am on social security and can’t afford the work that needs to be done. Is there any other grant I might qualify for? I don’t go many places because some of my front teeth are missing.

  10. Good ole touchy feely joey ‘bid for bucks biden’. just another ‘do as I say not as I do’ socialist, liar, thief and flim flam man. That about covers it for now but of course as time moves along, this old ‘n worthless bastard will trip on his tongue. And to add to this, this old joker’s supposedly Catholic, wow, who da’ thunk. In school the nuns warned us about ‘false Catholics’. You can add this worthless old bastards name to the list including but not limited to ‘nasty’ nancy ‘pigliosi’ and gavin ‘giveaway the store and just about everything else’ newsom, the destroyer of san Francisco and now doing his damndest to do the same to California!

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